Best Trading Apps in the UK
The Best Trading Apps in the UK offer a wide range of assets and tradable instruments. They also make it easy to access research and analysis, trading tools, and other features that can help you stay on top of the market. The choice of which trading app to use will largely depend on your needs and experience level. Beginners may prefer a simpler, user-friendly interface and the opportunity to practice trading before investing real money. More experienced traders might prioritize advanced charting capabilities, a high-speed data feed, or the ability to trade with leverage.
Best Trading Apps in the UK for New and Experienced Investors
Other important considerations include the safety of your investments, as well as any additional fees or charges. Many brokers, for example, charge a platform fee on each trade and may charge inactivity fees on dormant accounts. In addition, the safest platforms will have robust security measures including two-factor authentication, biometric login options, encryption, and regulatory oversight.
In terms of fees, some UK brokers offer a flat fee structure while others favor percentage-based pricing for fund investments. Freetrade, for example, offers a simple and cost-effective platform for long-term investing, with 0% commission on all stock and ETF trades. In contrast, Spreadex offers a more complex platform with advanced trading features and an impressive integration with TradingView for technical analysis. It also pays interest on uninvested cash and has a reputation for customer service excellence. It is FCA-regulated, offering FSCS protection for deposits up to PS85,000.
